Northwest Bank · 2 months ago
Commercial and Small Business Closing Coordinator III
United States
Full-time
Remote
Entry, Mid Level
2+ years expNorthwest Bank is seeking a Commercial and Small Business Closing Coordinator III who will be responsible for managing the loan closing process and ensuring outstanding customer satisfaction. The role involves preparing closing documents, reviewing third-party vendor documents, and coordinating with various stakeholders to facilitate loan closings.
BankingFinancial Services
Responsibilities
Order, review and analyze all required third-party vendor documents in relation to the collateral to be held on the loan
Thoroughly review and understand approved credit memos
Complete all due diligence associated with the satisfaction of loan approval conditions as established by Northwest policies and procedures, as well as customer identification requirements in a timely manner
Verify the loans have been approved by the appropriate level of authority
Manage the closing process through direct engagement with customer, lender, underwriter, attorney and/or title company
Conduct review of all loan documentation to ensure all legal, credit, collateral, and regulatory requirements are included in the documentation. This may include a wide variety of real estate and commercial documents and contracts, leases, assignments, easement agreements, title reports, appraisals, surveys, mortgage loan documentation, entity formation documentation, partnership agreements and other real estate transaction documentation
Manage title company process on originated loans including reviewing, analyzing title documents and encumbrances, surveys and parcel maps, leases, and purchase agreements. Communicate with the borrower to see that all title requirements are met at closing. Collateral may involve real estate in multiple counties and states
Coordinate the post-closing Legal Review of all loan documents for accuracy and completeness
Ensure all original documents are scanned and uploaded to the system of record
Compile vital documents for the creation of paper file to be housed in vault
Original documents are received via inter-office, USPS or overnight services
Coordinate any curative actions required by the independent Quality Control/Legal Review
Ensure all documents to be recorded at county level are completed
Record via E-File OR
Send recording to county courthouse with appropriate recording payment
Verify all applicable fees have been collected from the borrower and loan proceeds disbursed according to schedule
Send loan specific information to Loan Servicing for core system input and/or verification and maintenance
May be engaged in portfolio management work as needed
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment
Qualification
Preferred
Bachelor's Degree Business, Business Law, or Paralegal Program
2 - 3 years Commercial real estate lending
2 - 3 years Loan closing and documentation function in law firm
2 - 3 years Experience in title company closing commercial loans
Company
Northwest Bank
Northwest Bank is a financial firm that offers banking, lending, payments, and wealth management solutions.
1001-5000 employees
H1B Sponsorship
Northwest Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (7)
2023 (3)
2022 (1)
2021 (5)
2020 (3)
Funding
Current Stage
Late StageLeadership Team
Louis Torchio
President & Chief Executive Officer
Ronald J. Seiffert
President & CEO
Recent News
2025-10-31
2025-10-10
Company data provided by crunchbase